For SaleRisky Deal6 days on market
28659 Snead Dr
28659 Snead Dr, Menifee, CA 92586, Menifee, CA 92586
$400,000
Estimate®:$402,400$2,400 Under Market
Listing Price
28659 Snead Dr, Menifee, CA 92586
Loc: Menifee, CA
Days Listed
6
Tax Assessed
$345k
Estimate®
$402k
1% Under Valued
Lot Size
9,583 sqft
Rent Estimate
$3,163/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
7
Ridgemoor Elementary School
K-5
1.4 mi away
6
Kathryn Newport Middle School
6-8
2.2 mi away
N/A
Menifee Preschool
Elementary
1.9 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch stylesingle-storystucco exteriorattached garagepalm treeslandscaped front yardlow-pitched roofsuburbancurb appealasphalt drivewaydesert landscapingmid-century influencespacious exterior
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.06%
Total ROI
90.6%
Cash Flow
$-56/mo
DSCR
0.97
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-56/mo net cash flow with a 6.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.1%)
- • Strong rental demand in Menifee
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-18 | Listed for sale | $400,000 | $239 |
| 2004-04-28 | Sold | $227,000 | $136 |
| 1999-12-08 | Sold | $85,000 | $51 |
| 1995-04-05 | Sold | $75,000 | $45 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $345,244 |
| 2025 | $3,813.92 | $338,476 |
| 2024 | $3,740.8 | $331,840 |
| 2023 | $3,762.62 | $325,334 |
| 2022 | $3,713.92 | $318,956 |
| 2021 | $3,651.68 | $312,702 |
| 2020 | $3,260.38 | $280,654 |
| 2019 | $3,160.24 | $272,480 |
| 2018 | $2,961.56 | $262,000 |
| 2017 | $2,635.06 | $233,000 |
| 2016 | $2,635.06 | $217,000 |
| 2015 | $2,132.06 | $193,000 |
| 2014 | $1,945.92 | $178,000 |
| 2013 | $0 | $154,000 |
| 2012 | $0 | $141,000 |
| 2011 | $0 | $143,000 |
| 2010 | $0 | $136,000 |
| 2009 | $0 | $138,000 |
| 2008 | $0 | $219,000 |
| 2007 | $0 | $252,649 |
| 2006 | $0 | $247,696 |
| 2005 | $0 | $231,540 |
| 2003 | $0 | $90,202 |
| 2002 | $0 | $88,434 |
| 2001 | $876.86 | $86,700 |
| 2000 | $865.1 | $85,000 |
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